NEW YORK STOCK MARKET
A RECORD TURNOVER FALL IN PRICES. NEW YORK, February 18. With 1,802,000 shares trades in the Stock Exchange in two hours to-day, being a record for a Saturday market, there was a continuous downward movement of prices. The total dealings yesterday and to-day wero 4,874,000 shares, showing losses of from five to nine points in speculative issues, and two to six points in representative stock. The rise in the rediscount rate and the pressure of a largo amount of undigested issues are held responsible for the downward pressure.
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Bibliographic details
Evening Star, Issue 19795, 20 February 1928, Page 4
Word Count
92NEW YORK STOCK MARKET Evening Star, Issue 19795, 20 February 1928, Page 4
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